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MarketScreener Homepage  >  Equities  >  Tokyo Stock Exchange  >  The Yokohama Rubber Company, Limited    5101   JP3955800002

THE YOKOHAMA RUBBER COMPANY, LIMITED

(5101)
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Yokohama Rubber : VIRGINIA TIRE PLANT SET TO REOPEN;

06/01/2020 | 11:39am EST

SANTA ANA, CA - Yokohama Corporation of North America's (YCNA) consumer tire plant in Salem, Virginia is set to reopen on June 1. Yokohama Tire Manufacturing Virginia (YTMV) was closed as a precautionary measure to stop the spread of the COVID-19 virus.

As the factory reopens, YTMV has implemented several new safety procedures and protocols to ensure the health and welfare of all personnel upon their return. All are based on the latest guidelines from the Centers for Disease Control and Prevention (CDC), as well as from local authorities.

Several preventative measures are also in effect at all Yokohama facilities, including Yokohama Tire Manufacturing Mississippi, a commercial truck tire plant in West Point, Mississippi, which also recently reopened.

About Yokohama Corporation of North America

Yokohama Tire Corporation (YTC), Yokohama Tire Manufacturing Virginia (YTMV) and Yokohama Tire Manufacturing Mississippi (YTMM) are part of Yokohama Corporation of North America (YCNA), a wholly-owned subsidiary of Tokyo, Japan-based The Yokohama Rubber Co., Ltd. (YRC), a global manufacturing and sales company of premium tires since 1917. YCNA oversees all Yokohama-related operations in North America, including sales and marketing, manufacturing, technical development, long-term corporate planning and investment. YTC services an extensive sales network throughout the U.S., and is a leader in technology and innovation. The company's complete product line includes tires for high-performance, light truck, passenger car, commercial truck and bus, and off-the-road mining and construction applications. For more information on Yokohama's Tire's broad product line, visit www.yokohamatire.com, www.yokohamatruck.com or www.yokohamaotr.com.

Connect with Yokohama Tire Corporation:

www.facebook.com/yokohamatire

www.twitter.com/yokohamatc

www.youtube.com/user/yokohamamotorsports

www.instagram.com/yokohamatire

Yokohama is a strong supporter of the tire care and safety guidelines established by the U.S. Tire Manufacturers Association and the National Highway Transportation and Safety Administration. Details can be found at the 'Tire Care & Safety' section at www.yokohamatire.com.

(C) 2020 Electronic News Publishing, source ENP Newswire

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Financials
Sales 2020 567 B 5 461 M 5 461 M
Net income 2020 19 720 M 190 M 190 M
Net Debt 2020 163 B 1 568 M 1 568 M
P/E ratio 2020 13,1x
Yield 2020 3,97%
Capitalization 259 B 2 493 M 2 491 M
EV / Sales 2020 0,74x
EV / Sales 2021 0,67x
Nbr of Employees 27 428
Free-Float 78,8%
Chart THE YOKOHAMA RUBBER COMPANY, LIMITED
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The Yokohama Rubber Company, Limited Technical Analysis Chart | 5101 | JP3955800002 | MarketScreener
Technical analysis trends THE YOKOHAMA RUBBER COMPANY, LIMITED
Short TermMid-TermLong Term
TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 6
Average target price 1 741,67 JPY
Last Close Price 1 612,00 JPY
Spread / Highest target 17,9%
Spread / Average Target 8,04%
Spread / Lowest Target -13,2%
EPS Revisions
Managers and Directors
NameTitle
Masataka Yamaishi President & Representative Director
Masaki Noro Director, Managing Executive Officer, GM-R&D
Hideichi Okada Independent Outside Director
Osamu Mikami Director & Senior Managing Executive Officer
Gota Matsuo Director & GM-Business Administration
Sector and Competitors